ALKANE RESOURCES LTD.

Commented by Stefan Feulner on August 25th, 2026 | 07:15 CEST

Alkane Resources, Desert Gold Ventures, Westgold Resources: Is the Gold Correction Over?

• Gold
• Africa
• Commodities
• geopolitics

Gold is making a strong comeback. The price of the precious metal jumped above USD 4,600 per ounce at the end of the week and posted a 5.6% gain, marking its third consecutive weekly increase. For producers, this means rising margins and cash flows, while deposits that were previously uneconomical could become significantly more attractive for explorers. At the same time, new corporate announcements demonstrate just how valuable additional reserves have become. Investors should therefore not focus solely on the major mining operators.